Insurance   A layperson's glossary of insurance terminology.

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what is...
INSURANCE POLICY
A written contract defining the insurance plan, its coverage, exclusions, eligibility requirements, and all benefits and conditions that apply to individuals insured under the plan.
ALSO SEE: ACCELERATED DEATH BENEFITS, COMPULSORY AUTO INSURANCE, ORDINARY LIFE INSURANCE, WATER-DAMAGE INSURANCE, LONG TERM CARE BENEFIT, HURRICANE DEDUCTIBLE, LLOYD'S OF LONDON, SURRENDER CHARGES, ANNUITY CONTRACT, PACKAGE POLICY, CREDIT SCORE, NAMED PERIL, BENEFICIARY, DIVIDENDS, INSURED, PREMIUM, BINDER, PERIL, PAYEE, RIDER, LAPSE

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